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A photographer kneels on a street littered with invasion money, Rangoon, 1945. Japanese invasion money, officially known as Southern Development Bank Notes (Japanese: 大東亜戦争軍票 Dai Tō-A Sensō gunpyō, "Greater East Asia War military scrip"), was currency issued by the Japanese Military Authority, as a replacement for local currency after the conquest of colonies and other states ...
The 5 sen note (五銭紙幣) was a denomination of Japanese yen that was issued nonconsecutively from 1944 to 1948 in paper form. Five sen notes were worth one-twentieth of a yen, making them the lowest subsidiary yen banknote ever made. These notes were broken up into two types, which were issued before and after World War II.
Japanese military currency (Chinese and Japanese: 日本軍用手票, also 日本軍票 in short) was money issued to the soldiers of the Imperial Japanese Armed Forces as a salary. [ citation needed ] The military yen reached its peak during the Pacific War period, when the Japanese government excessively [ clarification needed ] issued it to ...
In reality the notes were de facto fiat currency that was made in preparation for a full-scale transition from the gold standard to a managed currency system. [72] The "Bank of Japan Act" was later promulgated on February 24, 1942, which allowed the Bank of Japan to be re-organized to reflect the reality of World War II. [67]
Japanese military currency (日本軍用手票) is the name given to money used by the Japanese armed forces for the purchase of supplies in occupied territories. [1] It was mainly issued in denominations of yen , and subsidiary currency of sen with the exception of the first Sino-Japanese War series.
Japanese military currency may refer to: Japanese military currency (1894–1918) , issued during the Meiji and Taishō period Japanese military currency (1937–1945) , issued during World War II
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The "Bank of Japan Act" was promulgated on February 24, 1942 allowing the Bank of Japan to be re-organized to reflect the reality of World War II. [51] This act empowered the Bank of Japan to release nonconvertible notes in denominations of 1, 5, 10, and eventually 100 yen as fiat currency .